Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: pfflier
The stock market has been on a tear since November...until today. I call that trend investing.

We've been pulling out of stock investments, 2/3rds over the last few months, adding to cash reserves. Hurts that the stocks continued to climb. But the remaining 1/3rd investment has continued to make money... until today. The market can crash and we won't cry, but will re-invest at the lows. Yes, that's investing.

11 posted on 02/26/2021 2:16:58 PM PST by roadcat
[ Post Reply | Private Reply | To 5 | View Replies ]


To: roadcat
I pulled out the day after the election expecting to see business and investors recoil in horror at what is in store for us.

It really sucked to see that I had guessed so badly watching the market soar after that decision. The good news is that I am flatlined at my peak.

Now is the time to hold on then buy low. I expect that point to be in about two years when the rats may lose their grip in congress. Until then, they will do the economy an immense amount of damage.

13 posted on 02/26/2021 2:32:36 PM PST by pfflier
[ Post Reply | Private Reply | To 11 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson